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PGIM Active High Yield Bond ETF (PHYL)

High Yield Bond | Exchange Traded Fund | NYSEArca
34.89 USD +0.01 (0.029%) ⇧ (Aug. 27, 2026, 3:59 p.m. EDT)
After hours: 34.89
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take ↕ | Aug. 22, 2026, 3:06 a.m. EDT

The high-yield bond fund offers a robust 7.65% distribution, which appears sustainable given the steady quarterly payouts ranging from roughly $0.18 to $0.29 over the last few years. However, the capital appreciation story is muted; the asset is currently trading near its 52-week lows and has underperformed significantly over the trailing six-year window, dropping nearly 13% despite a mixed record of alternating up and down years. While the recent annual return was positive, the broader trajectory shows no clear structural recovery, and the statistical forecast model indicates a flat outlook for the coming month. This creates a classic income-versus-growth dilemma: it is a decent vehicle for generating cash flow in a defensive posture, but it lacks the momentum or fundamental breakout required to justify a bullish stance for either the near term or the long haul.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.007172
AutoTheta0.007453
AutoETS0.007901
AutoARIMA0.007904

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 76%
H-stat 4.23
Ljung-Box p 0.000
Jarque-Bera p 0.212
Excess Kurtosis -0.27
Attribute Value
Trailing P/E 2.50

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.59% 6.28% 7.46% 7.21%
Dividend History
Date Dividend Yield %
2026-06-30 0.205 0.587729
2026-05-29 0.212 0.605196
2026-04-30 0.207 0.589744
2026-03-31 0.218 0.629512
2026-03-02 0.185 0.523486
2026-02-02 0.206 0.580445
2025-12-30 0.152 0.427928
2025-12-01 0.190 0.537634
2025-11-03 0.195 0.552878
2025-10-01 0.218 0.612704
2025-09-02 0.225 0.635234
2025-08-01 0.217 0.615603
2025-07-01 0.224 0.634561
2025-06-02 0.229 0.658993
2025-05-01 0.235 0.683140
2025-04-01 0.236 0.680507
2025-03-03 0.208 0.590909
2025-02-03 0.175 0.499287
2024-12-27 0.281 0.808866
2024-12-02 0.222 0.629073
2024-11-01 0.226 0.646083
2024-10-01 0.217 0.609722
2024-09-03 0.250 0.714694
2024-08-01 0.253 0.728477
2024-07-01 0.235 0.686332
2024-06-03 0.248 0.722821
2024-05-01 0.239 0.701909
2024-04-01 0.248 0.716556
2024-03-01 0.223 0.643764
2024-02-01 0.234 0.673188
2023-12-27 0.296 0.846682
2023-12-01 0.216 0.634921
2023-11-01 0.194 0.592005
2023-10-02 0.242 0.734446
2023-09-01 0.219 0.643361
2023-08-01 0.213 0.625918
2023-07-03 0.187 0.552274
2023-06-01 0.228 0.677362
2023-05-01 0.228 0.670391
2023-04-03 0.179 0.524158
2023-03-01 0.225 0.671041
2023-02-01 0.224 0.646465
2022-12-28 0.233 0.696979
2022-12-01 0.216 0.629187
2022-11-01 0.202 0.604972
2022-10-03 0.188 0.568835
2022-09-01 0.207 0.604909
2022-08-01 0.181 0.505587
2022-07-01 0.191 0.560775
2022-06-01 0.170 0.465881
2022-05-02 0.157 0.434181
2022-04-01 0.161 0.423684
2022-03-01 0.157 0.404848
2022-02-01 0.139 0.352434
2021-12-29 0.545 1.344351
2021-12-01 0.170 0.422046
2021-11-01 0.185 0.452323
2021-10-01 0.172 0.417172
2021-09-01 0.177 0.429507
2021-08-02 0.162 0.393395
2021-07-01 0.165 0.399419
2021-06-01 0.176 0.429059
2021-05-03 0.190 0.462963
2021-04-01 0.193 0.472576
2021-03-01 0.156 0.381232
2021-02-01 0.194 0.475840
2020-12-29 0.838 2.070158
2020-12-01 0.179 0.439803
2020-11-02 0.193 0.488855
2020-10-01 0.185 0.467054
2020-09-01 0.186 0.463494
2020-08-03 0.200 0.501630
2020-07-01 0.199 0.519040
2020-06-01 0.207 0.543878
2020-05-01 0.211 0.579193
2020-04-01 0.220 0.645540
2020-03-02 0.199 0.491965
2020-02-03 0.230 0.562760
2019-12-27 0.623 1.507380
2019-12-02 0.202 0.495219
2019-11-01 0.215 0.526961
2019-10-01 0.241 0.589963
2019-09-03 0.220 0.539084
2019-08-01 0.223 0.545099
2019-07-01 0.219 0.533626
2019-06-03 0.221 0.552638
2019-05-01 0.217 0.533432
2019-04-01 0.222 0.549913
2019-03-01 0.191 0.477261
2019-02-01 0.217 0.548673
2018-12-27 0.217 0.567024
2018-12-03 0.218 0.548704
2018-11-01 0.211 0.531085
2018-10-01 0.035 0.086935
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 7.65

Info Dump

Attribute Value
All Time High 41.92
All Time Low 31.79
Ask 37.76
Ask Size 400
Average Daily Volume10 Day 116,670
Average Daily Volume3 Month 172,623
Average Volume 172,623
Average Volume10Days 116,670
Beta3 Year 0.72
Bid 31.76
Bid Size 600
Category High Yield Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 34.92
Day Low 34.86
Dividend Yield 7.65
Eps Trailing Twelve Months 13.954291
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 34.8582
Fifty Day Average Change 0.026798248
Fifty Day Average Change Percent 0.0007687789
Fifty Two Week Change Percent -2.2689104
Fifty Two Week High 35.83
Fifty Two Week High Change -0.9450035
Fifty Two Week High Change Percent -0.026374644
Fifty Two Week Low 34.44
Fifty Two Week Low Change 0.4449997
Fifty Two Week Low Change Percent 0.012921014
Fifty Two Week Range 34.44 - 35.83
First Trade Date Milliseconds 1,538,055,000,000
Five Year Average Return 0.040742204
Full Exchange Name NYSEArca
Fullday Change 0.00999832
Fullday Change Percent 0.028669
Fullday Price 34.885
Fund Family PGIM
Fund Inception Date 1,537,747,200
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund invests at least 80% of its investable assets in a diversified portfolio of high yield bonds that are below investment grade and other investments (including derivatives) with similar economic characteristics. It may invest in securities which are the subject of bankruptcy proceedings or otherwise in default as to the repayment of principal and/or interest at the time of acquisition by the fund or are rated in the lower rating categories or, if unrated, are in the judgment of the Subadviser of equivalent quality.
Long Name PGIM Active High Yield Bond ETF
Market us_market
Market State PREPRE
Max Age 86,400
Message Board Id finmb_574976137
Nav Price 34.78553
Net Assets 1,380,497,790.0
Net Expense Ratio 0.39
Open 34.88
Phone (973) 367-7521
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 34.885
Post Market Time 1,787,873,402
Previous Close 34.875
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.00999832
Regular Market Change Percent 0.028669
Regular Market Day High 34.92
Regular Market Day Low 34.86
Regular Market Day Range 34.86 - 34.92
Regular Market Open 34.88
Regular Market Previous Close 34.875
Regular Market Price 34.885
Regular Market Time 1,787,860,794
Regular Market Volume 101,663
Short Name PGIM Active High Yield Bond ETF
Source Interval 15
Symbol PHYL
Three Year Average Return 0.0886721
Total Assets 1,380,497,792
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 2.4999478
Trailing Peg Ratio None
Trailing Three Month Nav Returns 0.16928
Trailing Three Month Returns 0.16928
Triggerable 1
Two Hundred Day Average 35.1811
Two Hundred Day Average Change -0.29610062
Two Hundred Day Average Change Percent -0.008416468
Type Disp ETF
Volume 101,663
Yield 0.0765
Ytd Return 1.33761